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of a stock. technology is an issue here. everything is now run by computers. the markets are computerized. when computers run the show, they break down. they screw up. human beings screw up, but there are others to patch it. connell: all of these things that you brought up, and these are big issues, the fact that yesterday was not a complete mess in terms of market panic, what does that tell us? is that good news? charlie: this is a big deal. it has the average investors saying i do not want any parts in stocks. they are not investing in these great companies like apple. what makes america great are these companies that are in these big companies. connell: maybe they should be reassured? >> the average investor should not feel reassured. the markets are broken right now. they need fixing. they need fixing from a structural standpoint. when stuff runs as it is running now, trades are being done on dark pools. we know they had something to do with the listed price. we do not know exactly what is going on. the other issue is the technology. is it up to the task of running the markets? it is
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, and they are reinventing themselves. think ever not just innovation and technology, but look at the lining around the city, shake shack? i mean, that's innovative burger, and people wait an hour to get one. adam: it's greasy though. >> it's good enough to wait an hour in line, but there's forms of innovation, and in the trucking industry -- lori: despite worker regulations on the hours they drive? >> doesn't help, but they have to work around that stuff, and that makes them -- at the end of the day, more competitive. adam: sensing a takeover? >> glad you said that. they have been in the rumor mill on and off for a long time, and hammered in part because of poor excuse, oversold despite the fact it's coming back. feel like they are chasing breakouts, and the new ceo is a woman, i think, the first woman to run the company in a long time. womenning the -- woman of a trucking company. innovation; right? these old-schoolboys from ors, okay, thinking out of the box. i like it. earnings estimates for the fiscal year this year and next year rocket to the upside. wall street expects big things from the company and
center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. i'm, like, totally not down with change. but i had to change to bounce dryer bars. one bar freshens more loads than these two bottles. i am so gonna tell everyone. [ male announcer ] how do you get your bounce? [ woman ] time for change! >> 23 minutes past the hour. hello, everybody. this is your fox news minute. the giant wildfire near yosemite national park grew by several hundred acres overnight, but that is a relatively small increase compared to recent days. it has burned more than 300 acres and containment only at 30%. the obama administration is announcing two new steps on gun control which will not require congressional approval. it will curb the impact of surplus weapons. the ministration proposing a closer loophole allowing certain weapons reregistered to corporations without background checks. gun legislation collapsed in congress earlier this year. good news for some runners, in the field at the boston marathon will be larger ne
other than the 8 talked about synergies but we get this with people with the technology and fletcher is contemplating a fairly significant cuts once the merger gets close. i believe it is closed at the beginning of the third quarter, sometime in the fall we should point out. it is interesting, quick to somebody the stock exchange has, quote, 20 lawyers doing the same thing. when you have that type of overlap, he thinks there is a lot of fat to be trimmed from the stock exchange. the new york stock exchange will tell you they need a lot of overhead. this is a different animal than the police which is the computerized trading mechanism which focuses on options and the stock exchange and other things get a listing, gets companies to list on the stock exchange marketing and advertising that goes along with that which means more head count. it will meet in new middle. from what i understand there's not a lot of middle ground here. they have been running the show from what i understand and basically the new york stock exchange for better or worse is being managed, they do not have much say
technologically-driven our economy is, especially these high speed trades and, you know, smart grid, et cetera, the more vulnerable are we to potential interruptions. >> now to the regulators, people familiar with the matter tell fox business, commodities future trading commission is looking for new rules for high speed computer changes. sec chairman mary jo white plans to hold a meeting with marketing officials and nasdaq about the marketing freeze. they plan to have new standards and fines for electronic trading networks t would require them to test their systems and design plans for failures. house services and staff there are examining the issue. tracy? tracy: rich edson, thank you very much. adam: for more on yesterday's nasdaq flash freeze and what is means for investors, brian jacobsen, wells fargo fund management. he is the chief portfolio strategist and he joins us now. get back to the question of nasdaq. have they thoroughly explained this to the satisfaction of investors and market participants? >> stock price reaction would suggest they haven't thoroughly explained or people didn't
partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn milons of tweets, posts and stories into real-time business insights that help nascar win with our fans. and this pk is the inside of your body. see, the special psyllium fiber in metamucil actually gels. and that gelling hes to lower some cholesterol. metacil. 3 amazing benefits in 1 super fiber. ♪ connell: it has been a big-time cost associated with these wildfires. bruce about battling the wind fire near yosemite national park, they are finally making some ground. >> good morning. just a few miles away from the leading edge of the fire. 4000 firefighters are doing battle with the stubborn rim fire. this really has become an all out air assault. continuous drops of water. we were visiting with some locals along the coastline. despite erratic wind, crews have made significant progress. it has grown to 180,000 acres. gerri brown praised the firefighters who have gone through. >> we see something that we have to live with. it may think it worse in years to come. what ever it takes, i
problem when you rely on technology. there could be a flaw in one of the systems that allow bringing down the system. dennis: i think they be reduced the chances of this having anything to do with an outside attack. >> a rather sophisticated system that they are talking about. it seemed hackers can go with a lot less sophisticated approach. >> i think that is right. especially when we are talking about china. they do not appear to be interested in, you know subverting the infrastructure. now, some nation states are known to have that kind of interest. they have been blocked in their attacks simply by and in capability to do so. there is a subculture of crime that is out there. you can hire rogues. they will conduct these attacks were relatively small amounts of dollars. spend a couple hundred thousand dollars and you could get into the most sophisticated systems in the world and cause a problem. dennis: thank you very much. cheryl: we have nicole petallides it, of course, sandra smith standing by. we are awaiting some type of statement from the nasdaq. the nasdaq is intending to reopen. i
nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. connell: "markets now" back with a pretty interesting topic. the performance of ceos. these are depressing numbers, 40% of the nation's best paid chief executives and up as failures. over the past two decades. fired, run fraudulent companies, whatever it may be. we bring in former chairman at goldman sachs and now a chairman at the harvard business school. that sounds very high, 40% failure rate. >> it says a lot about the financial crisis we went through an '08, '09. a lot of the highly paid ceos were financial services firms and many of them failed, as we know, and were overleveraged. i think the lesson of this is not lost on companies and corporate boards in that bottom-line profitability to judge ceo comp, yo you're lookig at it narrowly, you have to look at the leverage and how much risk the company is taking on the balance sheet. you have to look at other factors in terms of building a franchise, ma
's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. adam: we're approaching 1:30. we want to check in with lauren simonetti on the floor of the new york stock exchange. we are near session lows for the dow. how are we faring right now? >> adam, the selling is just intensifying right now on wall street. this is the s&p 500. i want to show you the chart. it is all red. it is ugly. as you can see we're at the lows of the session. everyone is worried about syria but there are some issues upcoming traders are talking about. of course volume is light. that exacerbates things. bank of america is the second worst performer on the dow. a lost financials are down. jpmorgan, six biggest banks are down. they were down better than 2%. they were unable to get a federal judge to dismiss a mortgage fraud uit that case is going to trial. that date, september 23rd. back to you. adam: lauren simonetti, watching as you said, down 141 points right now. thank you, ma'am. lori: the situation in security is causing a flight to secur
-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. >> hi, everybody. i am lauren simonetti on the new york stock exchange. you can see the stock is up 6%. this movement shows you that analyst upgrades often matter. jpmorgan upgrading. bank of america downgrading. tyson foods. that is expected to have chicken margins a little bit sooner rather than later. the move in tyson is affecting some other package companies. mcdonald's. here is a fun example for you. you can get mighty wings. finally, we are keeping an eye on facebook. that stock holding above $41. cheryl, back to you at the u.s. open. cheryl: lauren, thank you very much. fox business here for the third year in a row. the big thing you have to talk about is television. all of the fans around the world will be tuning in to watch the semi finals and the finals. we have the ceo of the tennis channel. >> cheryl, great to see
Search Results 0 to 11 of about 12 (some duplicates have been removed)